sanlam money market fund interest rate 2019

Capital exposure will also include investments in money market instruments, bonds, listed property and up to 25% in offshore assets. The fee structure is clearly defined on the Sanlam website in easy-to-understand language. 0000008863 00000 n Fund risk is lower than that of a pure equity fund. Sanlam Investment Management Money Market Fund June 2020 (Fund Fact Sheet) Fund Objective This fund aims to deliver a higher level of income than fixed deposits and call deposits over time. Collective investment schemes are generally medium- to long-term investments.

Standard Bank of South Africa Ltd is the appointed trustee of the Sanlam Collective Investments Scheme and Standard Chartered Bank is the appointed trustee of the Satrix Managers Scheme. The losses at the Reserve Primary Fund coincided with a switch in the amount of $500 billion (14% of total money-market assets) out of primary funds, with the bulk of the funds reallocated to government money-market funds because of their lesser risk. The portfolio management of all the portfolios is outsourced to financial services providers authorized in terms of the Financial Advisory and Intermediary Services Act, 2002. It looks like your browser does not have JavaScript enabled. This fund allows a minimum investment of Ksh. If interest rates increase as predicted, and if economic growth slows, this could prolong these stagnant property market conditions beyond 2019.
Illustrative Cumulative Growth of an investment of R1000Illustrative Cumulative Growth of an investment of R1000This graph illustrates how an investment of R1000 would have grown had you invested for the time period displayed. ... Sanlam Unit Trust, for example, charges an annual management fee of 1.2 per cent. Please note that past performances are not necessarily an accurate determination of future performances, and that the value of investments / units / unit trusts may go down as well as up. 0000003794 00000 n 9 19 Sanlam Money Saver Card ... Interest Rates and Retirees. 0000000881 00000 n h�b```a``n��� ��ea�8������P�YD�Cz[9X @1C$�>ͼ�y�#�#K8�rf6f}��,! Actual investment performance of the portfolio and the investor will differ depending on the initial fees applicable, the actual investment date, and the date of reinvestment of income as well as dividend withholding tax. Money Market Fund.

5,000 and an additional investment of a similar amount. Fund Description: This fund aims to deliver a higher level of income than fixed deposits and call deposits over time. Performance is based on NAV to NAV calculations with income reinvestments done on the ex-div date. Please turn on JavaScript and try again. 0000002441 00000 n Portfolio Name: Effective Rate % Nominal Rate % Price Date: STANLIB Money Market Fund B1: 4.18: 4.09: 06/07/2020: STANLIB Money Market Fund R: 4.77: 4.66: 06/07/2020: NAV: Net Asset Value: Price Date: Fund prices reflect the previous day's close as per the JSE and are updated the following business day. You will not be required to pay a joining fee, but you will be charged a 2 percent annual service fee. It suits risk averse investors or investors who are waiting for market volatility or global uncertainty to subside. Lump sum investment performances are quoted. Transaction Costs are a necessary cost in administering the financial product and impacts financial product returns. Forward pricing is used.
55 Willie van Schoor Avenue, Bellville, South Africa Sanlam Investments registered Financial Services Providers 0000003486 00000 n The performance is calculated by taking into account initial and ongoing fund manager fees and assumes that you reinvested all the income earned by the fund over this period.The other line on the graph is for the performance of the designated benchmark of the fund – normally either an index or other funds in the industry that are comparable to the fund you’ve chosen.The Fund Manager has the right to close the portfolio to new investors in order to manage it more efficiently in accordance with its mandate. Sanlam Life Insurance is a licensed financial service provider. This fund allows a minimum investment of Ksh. But strong long-term returns often go hand in hand with large draw-downs. 5. 0000010060 00000 n This fund is: Conservative. On 29 January, South African Reserve Bank Governor Gill Marcus announced that the repo rate would be increased from 5.00% to 5.50%. 0000005762 00000 n

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